Yesterday’s closing dated – 08/05/2024
◾London White Sugar – 572.90s (-12.80)
◾NYBOT Raw Sugar #11 – 19.60s (-0.35)
◾USD/BRL- 5.0909 (0.0000)
◾USD/INR – 83.476 (+0.008)
◾Brent Crude – 83.58 (+0.42)
◾BSE Sensex – 73466.39 (-45.46)
◾NIFTY50 – 22302.50 (0.00)
July NY world sugar #11 (SBN24) on Wednesday closed down -0.35 (-1.75%), and Aug London ICE white sugar #5 (SWQ24) closed down -12.80 (-2.19%).
Sugar prices Wednesday closed moderately lower as a stronger dollar spurred some long liquidation pressure in sugar futures after Tuesday’s rally.
